Question
i. The Department of Justice's Leniency Policy creates a prisoners' dilemma for cartel members.Explain why. ii.There was an increase in the size of antitrust penalties
i. The Department of Justice's "Leniency Policy" creates a prisoners' dilemma for cartel members.Explain why.
ii.There was an increase in the size of antitrust penalties in price-fixing cases decided after 2004.Would the increase in penalties (fines to be paid by the firm) increase or decrease the incentive for cartel members to participate in the leniency program? Explain your reasoning.
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
